Posts

Homes still pricey as Leelanau inventory remains tight

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Steady and tight. Perhaps those are the bywords to describe the real estate market in 2023 in Leelanau County. Overall, the market continued to slow down from the pace of 2020 and 2021. While residential real estate sales in Leelanau County for 2023 bested those of 2022, those totals lag behind the number of homes sold at the height of the pandemic. There were 377 sales for a total volume of $273,320,611 in 2023. That topped the previous year’s 358 for $268,182,620, though the average sale price dropped slightly, at $724,988 last year from $749,113 for 2022. Those numbers tell a different story than those of the peak years of 2020, 2021 and 2022.

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One year after the storm

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Leelanau County residents and those visiting our shores a year ago definitely know where they were when the storm hit. Where they took shelter, what they saw, and how they helped others in the minutes, hours and days after the megastorm pummeled Glen Arbor and the Sleeping Bear Dunes minutes after 4 p.m. last August 2 is now part of our personal narrative.

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New in town: Changed forest, Northwoods Home & Gift, realtors rotate

What’s new in town in 2016 — particularly if you haven’t visited Glen Arbor since last July — are the forests around the Sleeping Bear Dunes National Lakeshore. They are completely different. That’s because of the Aug. 2, 2015, megastorm, which packed “straight line” winds of 100 miles per hour, leveled thousands of hardwood trees across Alligator Hill, along the east side of Big Glen Lake, across Leelanau County and on Old Mission Peninsula north of Traverse City. The storm was the most dramatic thing to hit Glen Arbor in modern times, and it changed the experience of visiting our beloved National Lakeshore for generations to come.

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Real estate sales surge in Glen Arbor

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It wasn’t quite a “road to Damascus” epiphany, but Rob Serbin did find the road to Little Traverse Inn last year. The Glen Arbor realtor finally sold the restaurant on M-22 for the second time in seven years, this time to Scotsman Graeme Leask, after it sat idle on the market for 18 months. The sale was emblematic of Serbin’s monster year, which saw his company’s net sales surge by 250 percent. Numerous realtors in the Glen Arbor area shared that good fortune.

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Rob Serbin, community realtor

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Rob Serbin seems so familiar to you. His name is on signs all over Leelanau County, his picture regularly appears in local ads, and you read about him in newspaper articles on good causes. Who is this guy, and why do you feel like you should know him, trust him and follow his advice?

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Serbin Real Estate

Serbin Real Estate is a relatively new company in Glen Arbor, having opened our “boutique office” officially on February 1st, 2008, but we’re not strangers here. We’ve put in cumulative beneficial years in the construction and service industries prior to the start of our careers in real estate, initially with other area firms, before banding together to start Serbin Real Estate.

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